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Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
Cars24 launches AI lab, commits $20 million to AI, early-stage startupsCars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial inte...
Cars24 operating loss narrowed in FY26, revenue grew 27%: CEO Vikram ChopraUsed-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved E...
Cars24 cofounder Gajendra Jangid steps down as CMOCars24 cofounder Gajendra Jangid is taking a break from his CMO role. This follows other top-level changes at the company. Cars24 is now ai...
Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
ChatGPT crosses 900 million weekly users, 50 million paying subscribers: OpenAI's Nick TurleyPer Turley, for many users, ChatGPT is their entry point into AI. They start with writing, building, doing research, planning trips, shoppi...
Microsoft, OpenAI reaffirm ties after $110 billion raiseMicrosoft and OpenAI, in a joint statement, have tried to calm speculation on any possible change in direction for OpenAI following its mas...
SoftBank’s $250 billion mistake: How Masayoshi Son sold Nvidia too soon and missed a fortuneMasayoshi Son missed Nvidia $250 billion fortune: SoftBank founder Masayoshi Son missed out on a potential $250 billion windfall as Nvidia ...
SoftBank Group swings to profit in first quarter on market enthusiasm for tech stocksThe result will likely be welcomed by investors as SoftBank pursues its biggest spending spree since the launch of its Vision Funds in 2017...
Nvidia, Oracle share prices soar after reports claim Donald Trump's $500 billion AI infrastructure investment planPresident Donald Trump is reportedly making a huge announcement pertaining to AI infrastructure investment on Tuesday.
SoftBank to invest $514 million for 51% stake in Cubic TelecomThe Japanese telecommunications arm of tech investment giant SoftBank Group and Cubic "will form a strategic global partnership to pioneer ...
SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwindsIn the filing, Oyo will outline plans to sell just a third of the new shares it originally planned, eroding the amount of fresh capital it ...
SoftBank ex-COO to lead Chinese phenom Shein’s Latam driveClaure, once a lieutenant to SoftBank founder Masayoshi Son, will lead the region’s operations, according to a statement Tuesday. The forme...
Fallacies of past performance; learnings from SoftBankIn June 2019 results, SVF reported over $20 billion in investment gains. The going was so good that SoftBank announced the launch of SVF2, ...
SoftBank cuts Oyo’s valuation to $2.7 billion ahead of planned IPOThe Japanese investor’s latest valuation of Oyo – as of June quarter – is based on comparison to similar firms in the public markets, peopl...
General Motors to pay $2.1 billion for SoftBank's stake in Cruise's self-driving unitFor $2.1 billion, General Motors will buy SoftBank Vision Fund 1's equity ownership of Cruise's driverless vehicle company. Softbank's exit...
SoftBank gives up pretending it isn't a fundWith the Vision Fund’s $98.6 billion almost fully invested, there’s not much left to be done hunting for unicorns and handing out fat check...
WeWork IPO turns contentious at SoftBank’s Vision FundThe WeWork IPO comes at a critical time for SoftBank, which is currently trying to convince investors to bankroll a second $108 billion ite...
Bharti SoftBank's free mobile messaging app crosses 5 mn usersBharti SoftBank's free mobile messaging app 'hike', which was launched globally in December last year, has crossed 5 million subscribers.